Discussion: View Thread

  • 1.  Life tables vs. Covid

    Posted 08-19-2022 12:15

    A new version of the U.S. life tables was released in recent days, but as may be seen in image below, men's life expectancy dropped a whopping 2.1yrs in the first visible influence of the pandemic on these numbers.  As many of the forensic economists will be doing, for now, I am planning to cite figures only from 2019.  Thx

     

    2020 figures      www.cdc.gov/nchs/data/nvsr/nvsr71/nvsr71-01.pdf

    2019 figures      www.cdc.gov/nchs/data/nvsr/nvsr70/nvsr70-19.pdf

     

     

    Steve Bast, MHS, CVE, CDMS, FVE, ABVE/D, IPEC, CCM, EA

    Westwind Consulting, Inc.

     



  • 2.  RE: Life tables vs. Covid

    Posted 08-19-2022 12:43
    Steve, have you also noticed on ATUS that HH activity went up from where it was in 2019 with the 2021 data. ATUS data for the 2020 year was not representative. People had more time at home so did more HH work (on the clock perhaps while "working" and otherwise?). Since the 2021 numbers seem unusually high in comparison to prior pre-Covid numbers I am also inclined to go with 2019 for ATUS. Agree?

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    Scott T. Stipe, MA, CRC, CDMS, IPEC, D/ABVE
    Certified Rehabilitation Counselor
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    Scott Stipe & Associates, Inc.
    DBA Career Directions Northwest
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  • 3.  RE: Life tables vs. Covid

    Posted 08-19-2022 14:46

    Seems reasonable to me, Scott.  As Economist Matheson summarized at a talk he gave on this earlier this year, applying patterns seen in annualized data from pandemic year/s far into the future is statistically inappropriate...

     

    Steve Bast, MHS, CVE, CDMS, FVE, ABVE/D, IPEC, CCM, EA

    Westwind Consulting, Inc.

     






  • 4.  RE: Life tables vs. Covid

    Posted 08-19-2022 15:27

    Consider using an average over a period of 10 years using the Annual 2022 Presidents Report.

     

     

     

    Ronald T. Smolarski, M.A.

    Certified Life Care Planner

    Forensic Economist

    Certified Functional Capacity  Evaluator

    Vocational Expert

     

    ron@beaconrehab.com

    www.beaconrehab.com

    (800) 821-8463

    Ann Arbor Michigan, USA

     

     

     

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